Covestro Management
Management criteria checks 3/4
Covestro's CEO is Markus Steilemann, appointed in Aug 2015, has a tenure of 9.25 years. total yearly compensation is €4.66M, comprised of 27.8% salary and 72.2% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth €1.72M. The average tenure of the management team and the board of directors is 3.3 years and 6 years respectively.
Key information
Markus Steilemann
Chief executive officer
€4.7m
Total compensation
| CEO salary percentage | 27.8% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6yrs |
Recent management updates
We Think Shareholders May Want To Consider A Review Of Covestro AG's (ETR:1COV) CEO Compensation Package
Apr 09
How Is Covestro's (ETR:1COV) CEO Compensated?
Dec 21Recent updates
Covestro AG's (ETR:1COV) Intrinsic Value Is Potentially 96% Above Its Share Price
Jun 17Covestro AG Just Missed Earnings; Here's What Analysts Are Forecasting Now
May 06Covestro (ETR:1COV) Takes On Some Risk With Its Use Of Debt
Mar 20Is Covestro AG (ETR:1COV) Trading At A 38% Discount?
Feb 01Does Covestro (ETR:1COV) Have A Healthy Balance Sheet?
Dec 01Should You Investigate Covestro AG (ETR:1COV) At €47.18?
Nov 13Are Investors Undervaluing Covestro AG (ETR:1COV) By 50%?
Oct 08Is Covestro (ETR:1COV) Using Too Much Debt?
Aug 21Is It Time To Consider Buying Covestro AG (ETR:1COV)?
Jul 31An Intrinsic Calculation For Covestro AG (ETR:1COV) Suggests It's 27% Undervalued
Jun 25Does Covestro (ETR:1COV) Have A Healthy Balance Sheet?
May 02Are Investors Undervaluing Covestro AG (ETR:1COV) By 50%?
Feb 04Is Covestro (ETR:1COV) A Risky Investment?
Jan 19Is Now An Opportune Moment To Examine Covestro AG (ETR:1COV)?
Dec 12Estimating The Intrinsic Value Of Covestro AG (ETR:1COV)
Oct 23Is Covestro (ETR:1COV) Using Too Much Debt?
Sep 14Is Now An Opportune Moment To Examine Covestro AG (ETR:1COV)?
Aug 18Is Covestro (ETR:1COV) Using Too Much Debt?
Jun 16Is Now The Time To Look At Buying Covestro AG (ETR:1COV)?
May 11Covestro (ETR:1COV) Will Pay A Larger Dividend Than Last Year At €3.40
Apr 20Covestro's (ETR:1COV) Dividend Will Be Increased To €3.40
Apr 06Is Now The Time To Look At Buying Covestro AG (ETR:1COV)?
Feb 09Covestro (ETR:1COV) Seems To Use Debt Rather Sparingly
Dec 29When Should You Buy Covestro AG (ETR:1COV)?
Oct 27Is It Time To Consider Buying Covestro AG (ETR:1COV)?
Jul 08Is Covestro (ETR:1COV) A Risky Investment?
Jun 23An Intrinsic Calculation For Covestro AG (ETR:1COV) Suggests It's 32% Undervalued
May 10We Think Shareholders May Want To Consider A Review Of Covestro AG's (ETR:1COV) CEO Compensation Package
Apr 09Is Now An Opportune Moment To Examine Covestro AG (ETR:1COV)?
Mar 28Here's Why Covestro (ETR:1COV) Can Manage Its Debt Responsibly
Mar 14What Type Of Shareholders Make Up Covestro AG's (ETR:1COV) Share Registry?
Mar 01Is Covestro AG (ETR:1COV) A Strong Dividend Stock?
Feb 16Is Covestro AG (ETR:1COV) Trading At A 50% Discount?
Feb 03Did You Participate In Any Of Covestro's (ETR:1COV) Fantastic 125% Return ?
Jan 20
Covestro AG's (ETR:1COV) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 05How Is Covestro's (ETR:1COV) CEO Compensated?
Dec 21Is It Too Late To Consider Buying Covestro AG (ETR:1COV)?
Dec 08Is Covestro AG (ETR:1COV) Popular Amongst Institutions?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€261m |
| Jun 30 2024 | n/a | n/a | -€325m |
| Mar 31 2024 | n/a | n/a | -€207m |
| Dec 31 2023 | €5m | €1m | -€198m |
| Sep 30 2023 | n/a | n/a | -€910m |
| Jun 30 2023 | n/a | n/a | -€867m |
| Mar 31 2023 | n/a | n/a | -€714m |
| Dec 31 2022 | €4m | €1m | -€272m |
| Sep 30 2022 | n/a | n/a | €929m |
| Jun 30 2022 | n/a | n/a | €1b |
| Mar 31 2022 | n/a | n/a | €2b |
| Dec 31 2021 | €5m | €1m | €2b |
| Sep 30 2021 | n/a | n/a | €2b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | €832m |
| Dec 31 2020 | €4m | €1m | €459m |
| Sep 30 2020 | n/a | n/a | €184m |
| Jun 30 2020 | n/a | n/a | €152m |
| Mar 31 2020 | n/a | n/a | €393m |
| Dec 31 2019 | €4m | €1m | €552m |
| Sep 30 2019 | n/a | n/a | €594m |
| Jun 30 2019 | n/a | n/a | €943m |
| Mar 31 2019 | n/a | n/a | €1b |
| Dec 31 2018 | €4m | €916k | €2b |
| Sep 30 2018 | n/a | n/a | €2b |
| Jun 30 2018 | n/a | n/a | €2b |
| Mar 31 2018 | n/a | n/a | €2b |
| Dec 31 2017 | €2m | €552k | €2b |
Compensation vs Market: Markus's total compensation ($USD4.88M) is about average for companies of similar size in the German market ($USD4.74M).
Compensation vs Earnings: Markus's compensation has increased whilst the company is unprofitable.
CEO
Markus Steilemann (54 yo)
9.3yrs
Tenure
€4,659,000
Compensation
Dr. Markus Steilemann has been the Member of Supervisory Board of Fuchs SE (formerly known as Fuchs Petrolub SE) since May 03, 2022. He is Member of Management Board since August 20, 2015 of Covestro AG an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Management Board | 9.3yrs | €4.66m | 0.016% € 1.7m | |
| CFO & Member of Management Board | 1.1yrs | €5.83m | no data | |
| Chief Commercial Officer & Member of Management Board | 5.2yrs | €2.39m | 0.0079% € 857.4k | |
| CTO & Member of Management Board | 1.3yrs | €3.21m | 0.0025% € 275.7k | |
| Head of Investor Relations | no data | no data | no data | |
| Head of MDI Site | no data | no data | no data | |
| Head of Artificial Intelligence | no data | no data | no data | |
| Global Head of Human Resources | no data | no data | no data | |
| Investor Relations Director | no data | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: 1COV's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of Supervisory Board | 9.3yrs | €378.00k | no data | |
| Vice Chairman of Supervisory Board | 9.1yrs | €261.00k | no data | |
| Member of the Supervisory Board | 3.6yrs | €194.00k | no data | |
| Independent Member of Supervisory Board | 4.3yrs | €226.00k | no data | |
| Independent Member of Supervisory Board | 9.1yrs | €196.00k | no data | |
| Independent Member of Supervisory Board | 9.1yrs | €177.00k | no data | |
| Shareholder Representative Member of the Supervisory Board | 2.6yrs | €221.00k | no data | |
| Member of Supervisory Board | 9.1yrs | €177.00k | no data | |
| Member of Supervisory Board | 7.8yrs | €162.00k | no data | |
| Employee Representative Member of the Supervisory Board | 2.6yrs | €197.00k | no data | |
| Employee Representative Member of the Supervisory Board | 2.6yrs | €128.00k | no data | |
| Member of the Supervisory Board | less than a year | no data | no data |
6.0yrs
Average Tenure
59yo
Average Age
Experienced Board: 1COV's board of directors are considered experienced (6 years average tenure).